The world's richest are lapping up properties in the world's most expensive cities, pushing up prices of luxury homes, so much so that $ 1 million ( roughly Rs 6 crore) will buy you only 1033 square feet of prime property in Mumbai. #Delhi#Mumbai#Dubai#Knight Frank#Real estate#Wealth Report

The budget has not provided any additional relief via increased income tax deduction limit or on repayment of housing loans. The regime on these fronts, which was announced during the previous budget from eight months ago remains unchanged. This is a disappointment, since there were expectation that the Finance Minister would further increase either or both of these limits and thereby address the reality of high property prices in India. #Arun Jaitley#Wealth tax#Real estate#Union Budget 2015#Budget2015#Real Estate Budget 2015#Transpareny